
Taxes February 21, 2025
The IRS Can Reduce Your Tax Refund if You Owe Certain Debts
A program authorized through the Department of Treasury’s Bureau of the Fiscal Service allows for the reduction of your refund to pay down specific debts.
Taxes February 21, 2025
A program authorized through the Department of Treasury’s Bureau of the Fiscal Service allows for the reduction of your refund to pay down specific debts.
February 21, 2025
February 20, 2025
February 20, 2025
February 20, 2025
Taxes July 30, 2024
The updated FAQs, issued July 26, pertain to the New, Previously Owned, and Qualified Commercial Clean Vehicle Credits.
IRS July 29, 2024
Danny Werfel received this first-ever award from the National Association of Tax Professionals during Taxposium 2024 in Orlando.
Taxes July 26, 2024
These red flags come from common issues that IRS compliance teams have seen while analyzing and processing ERC claims.
Taxes July 26, 2024
Direct File will now be a permanent option for taxpayers in states that choose to participate, and New Jersey said it's in.
Taxes July 25, 2024
The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.
IRS July 25, 2024
Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.
Taxes July 24, 2024
Notice 2024-60, issued by the IRS on July 24, details how taxpayers can claim the credit for the sequestration of carbon oxide.
Taxes July 24, 2024
Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.
Taxes July 22, 2024
The decision in Connelly v. United States last month impacts certain types of smaller businesses, in particular closely held companies.
Taxes July 17, 2024
As of July 14, taxpayers must sign in or register with either Login.gov or ID.me to access the FATCA registration system.
Taxes July 15, 2024
The agency has seen an influx of claims for the non-existent "self-employment tax credit," which is being promoted on social media.
Taxes July 12, 2024
A recent ransomware attack that impacted car dealerships prompted the IRS to alert vehicle dealers and sellers about these schemes.